IRS

The IRS Free File program, aimed at simplifying tax prep and offering free online filing for low to moderate-income taxpayers, is challenged by industry lobbying. Critics argue that these efforts have hindered the program's effectiveness…

Alabama, Arizona, and Virginia are offering crucial financial assistance this month to aid residents coping with economic hardships by issuing extra stimulus checks. While the federal stimulus checks came to an end more than two years…

The IRS is increasing retirement contribution limits for 2024 to offer more saving opportunities for individuals' retirement. This decision comes as welcome news for those planning their financial futures and underscores the importance…

Virginians are running out of time to take advantage of a limited window of opportunity to get tax rebates for the 2022 tax year.  The deadline for filing 2022 state income taxes to qualify for a tax rebate of up to $400 is Wednesday,…

Amid the ongoing economic recovery and persistent challenges, some states are independently providing 4th stimulus payments to their residents. Recent reports reveal that nine out of the 20 states gearing up for 4th stimulus check…

Tax season often comes with its fair share of stress, especially when you realize you've made an error on your tax return.  But there's good news: amending your tax return can be a game-changer. It's the rule that transforms your filing…

The recent surge in the Consumer Price Index (CPI) has sent ripples through our economy, impacting not only our wallets but also our tax forms.  In August, the CPI climbed by 0.6%, leading to upward adjustments in tax brackets and key…

Pennsylvania residents can reduce property taxes or rent expenses through the Property Tax Rebate/Rent Program, with applications accepted until the end of December. The amount of the tax rebate a household can secure hinges on their…